By How Much Is The Market Oversold Right Now?

Discussion in 'Trading' started by shortie, Jun 12, 2011.

How Would You Characterize This Oversold Market?

  1. Happens every ~2 months

    2 vote(s)
    5.4%
  2. Happens ~3-4 times per year

    8 vote(s)
    21.6%
  3. Happens ~1-2 times per year

    16 vote(s)
    43.2%
  4. Happens once every ~1-2 years

    2 vote(s)
    5.4%
  5. Happens once every ~3-4 years

    9 vote(s)
    24.3%
  1. noddyboy

    noddyboy

    This is probably easier to read. The data is all there. The returns are not as crazy as your table.
    You might have to zoom for the first image.
     
    #91     Jun 29, 2011
  2. noddyboy

    noddyboy

    This is the average only
     
    #92     Jun 29, 2011
  3. noddyboy

    noddyboy

    Just July 4th...

    Once again, not a nice trade, but if you have to:

    This week: Buy on Thursday Close, Sell on Friday Close.
    Next week: Buy on Tuesday Close, Sell on Wednesday Close.
     
    #93     Jun 29, 2011
  4. qqq in the green? I feel that it is a weak day today. What is wrong with the buyers?
     
    #94     Jun 29, 2011

  5. i am married BTW...

    :cool:
     
    #95     Jun 29, 2011
  6. I posted the comment below in another shortie thread thinking that it was this thread (shortie has a number of thread--- but they are all good).

    What do you think of the chances of a stall/retreat in near future?

     
    #96     Jun 30, 2011
  7. we are certainly overbought short-term but who knows when it starts dropping again.
     
    #97     Jun 30, 2011
  8. There was a sell-off of USO. It started at around 11.06AM. I did not look at the commodities until now- I looked at the wrong instruments.

     
    #98     Jun 30, 2011
  9. e/u at 1.4511: Rotating slowly. Are there stops below 1.4510, and would they get hit..... counting down...

    update: bulls pushed it away.

    Let us see what the bears would do if it gets to the 1.4530 area. They get to hammer the bulls, if they are serious about the short side.
     
    #99     Jun 30, 2011
  10. S2007S

    S2007S

    Notice how the market opened up and just literally stayed up all day, there was no buying opportunity unless you were in at the close of yesterday. As I pointed out last week the market seems to have more push and pull and more volatility when it opens down 100+ points than when it opens up 100+ points. The DOW traded in a 20 point range all day long, talk about boring or what!
     
    #100     Jun 30, 2011